Bain Closes Purchase of TI Automotive

July 02, 2015

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Bain Capital has completed the acquisition of TI Automotive from Oaktree Capital Management and other shareholders, a deal that's been said to value the company at over $2 billion. With facilities in 29 countries, TI Automotive is a provider of automotive fluid storage, carrying and delivery systems for passenger cars and light trucks. Bain had long pursued the company, but previous acquisition attempts were unsuccessful.